ShibX is a unique rebase token that rewards SHIB passively. According to the whitepaper, this combination of rebasing and passive dividend rewards is a brand new concept on the Binance Smart Chain (BSC) and has already been successful as a unique cryptocurrency. The team behind the project believes in transparency and communication. Therefore, all marketing and other expenses can be tracked from the wallet.
Rebase is also known as “Elastic Token” supply. The rebase mechanism adjusts the price floor by adjusting the total supply of tokens in circulation. This means that the LP Pool tokens will decrease or increase, and the tokens in their wallet can also decrease or increase. Liquidity Provider Tokens are tokens issued to liquidity providers on a decentralized exchange (DEX) operating on an Automated Market Maker (AMM) protocol.
With a 6% $SHIB reward and a cutting-edge rebase mechanism, SHIBX aims to make users a part of something they will consider great. SHIBX automatically rewards holders with SHIBA INU every hour. This can be sent to the user's BEP-20 wallet. Users must add a $SHIB address to view their rewards.
The total supply of ShibX tokens is divided into various sections. Of the total token supply, 6% is used as $SHIB rewards, 5% is used in the marketing fee, 2% in LP reflection, and 2% in the development fee. The liquidity is locked for 90 days as the platform seeks to have its holders feel comfortable while holding the project.